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UK100 waiting for the completion of the Butterfly Pattern

Long
FTSE 100 Index (FX:UK100)  
TradingSuccess  
FX:UK100   FTSE 100 Index
Butterfly UK100 CFD LONG Fibonacci diver Relative Strength Index (RSI) oversold riskrew highpr Bullish Patterns Harmonic Patterns
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butterflypattern uk100 long fibonacci diver relativestrengthindex oversold riskrew highpr bullish harmonicpatterns
Right now a perfect, bullish Butterfly Pattern is being formed on UK100 Index.

Really good R/R ratio and high probability for profit.

Entry zone should be around 1.272 Fibo of the XA leg, and SL should be right under 1.414 Fibo of the XA leg.

Take profits are 38,2 and 61,8 Fibo retracements of AD confirmed by previous structures

If you look at RSI, Stochastic, MACD, etc. you'll also see a nice Divergence near the oversold zone, so it's another good signal for a long position.
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